5 responses to “offer of the day…”

Absolutely ridiculous. The London agent for de Vogue offered me some 2005 villages, so I said no thanks. Later, he offered me the Musigny at £5000 for six bottles. To which my spoken answer was “not at that price.” My unspoken answer was unprintable.

Hi Philip
I bought a ‘portfolio’ of 05’s – including villages – from the London agent, but only at release prices. I also provided ‘terse’ feedback when they offered some 05 Rousseau only a few weeks back (£400 per CSJ – the reply was “but they are duty paid / include VAT and ‘at market'”). I was chased by them over their 06 de Vogüé offer too – but was academic is I didn’t have the readies. Your £5,000 is presumably the current ‘broking’ price – but it’s still for others…
Bill
PS I’m concerned at my use of the word portfolio – does it reflect the new reality?

What I wonder is who’s buying this stuff? Has the bubble squirted from tech stocks through credit blobs and real estate now going into wine? Portfolio is the term to which these folks can relate.
Personally, due to hereditary parsimony, I’ve long been a fan of the corner quality like Leroy bourgognes, Mugnier Fuees, Dujac Combottes, Vogue C-M 1er, Roumier C-M, Rousseau G-Ch. But now even thses are beyond what I can really morally afford.

I don’t know about the Leroy bourgognes Bruce, but the rest of your list is absolutely the core of many people’s purchases over the last years, and precisely the the very wines that are now out reach – shame for us…

Capitalism can be a crule mistress, eh?
I spent quite a while and a sum discovering the red burgundies I liked, those with some dimension. Now I’m going back over the same exercise with Oregon and California pinots whose main characteristic is pure fruit – primary your terms I think. There are some exceptions, Littorai, for example, has a bit of that delightful metamorphasis. But even that market is tailcoating the price rise.
It’s no surprise, Americans have lived for far too long above reasonable levels of consumption given their production. The credit deregulation supported by both parties has led to irresponsible conduct at all economic spectra. The bitch is that those of us in the middle class who have worked to save and live within our means are having our savings eroded: the economics of inflation favor debt. When the economy was drunk on tech stocks, the situation should have been tightened. Now it’s too late and in the critical housing market.
As far as the cheepie Leroys, I remember buying some 1990 Leroy bourgognes and opening one on our porch – so tight and closed for 30 minutes, then slowly blooming over the course of an hour in the glass to a delicate violet strawberry. It made an impression on me, especially for the $20 it cost, it was so different.
I hope to find some solace that the expense is benefitting the folks that grow the grapes and make the wine.

I’m left to carefully considering when to drink that 1996-1999 vertical of Dujac Gruenchers…. a few more years, eh?

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